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"The purpose of this research is to investigate the relation between the value creation efficiency of firms' intellectual capital and firm's market valuation and financial performance. Using 13 manufacturing companies data drawn from Jakarta Stock Exchange USX) reporting period 1999-2003 and Pulic's Value Added Intellectual Coefficient (V AlC) as the efficiency measure of three intellectual capital component; capital employed efficiency (VACA), human capital efficiency (VAHU), and structural capital efficiency (STVA) and multiple regression model to examine the relation- ship between corporate value creation efficiency and firms' market-to-book value ratio, and explore the relationship between intellectual capital and firms' financial performance. The simple regression used to examine the relationship between VAIC and market value and relationship between VAIC and financial performance. The result is not support the first model; market value hypothesis that there is significantly negative between intellectual capital and market-to-bookvalue ratio (M/B). The second model of the regression show there are positively associated bet- ween the three of intellectual capital component and return on equity (ROE) as fmancial performance."

"Di tengah maraknya pasar modern saat ini keberadaan pasar tradisional semakin tidak populer. Pasar tradisional banyak yang mati?sudah tidak digunakan untuk aktivitas jual beli. Pemerintah melakukan program Revitalisasi untuk menghidupkan kembali pasar tradisional. Intervensi berupa relokasi dan perbaikan gedung yang dilakukan tidak mampu membuat pasar-pasar tersebut hidup kembali. Namun, di tengah fenomena ini masih terdapat beberapa pasar tradisional yang masih hidup?digunakan untuk aktivitas jual beli?tanpa mengalami intervensi tersebut. Pertanyaan akan bagaimana pasar tersebut masih tetap hidup dan pengaruh pasar dengan kawasan di sekitarnya akan dijawab dengan pengamatan langsung dan studi literatur yang dituliskan secara deskriptif. Studi kasus yang dilakukan di kawasan Pasar Sunan Giri menunjukkan bahwa hubungan interaksi timbal balik antara pasar dengan aktivitas di kawasan sekitarnya (yang tercipta dari tata guna lahan kawasan) dapat menciptakan jejaring movement economy sehingga membuat Pasar Sunan Giri tetap hidup

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In the midst of today's modern markets, the presence of traditional markets is not popular anymore. Traditional markets are dying?not used for trading activity. The Government made a Revitalization Program to ressurect the traditional markets from this situation. Interventions, such as relocation and buildings repairments, were unable to make these markets survive. However, in the middle of this phenomenon, there are few surviving traditional markets?still used for trading activity?without experiencing the intervention. The question about how those markets can still ?live? and influence the surrounding neighborhood would be answered by direct observation and study of literature which were written descriptively. The case study, which were conducted in Sunan Giri Market area, indicates that reciprocal interaction between the market and the activity in the surrounding area (which were created by regional landuse) can create a movement economy networking so that Sunan Giri Market survives."

"Penelitian ini membahas mengenai pengaruh program penjaminan simpanan (deposit insurance) oleh LPS terhadap disiplin pasar dengan menggunakan data time series dari 120 bank umum selama kurun waktu Januari 2003 sampai dengan Desember 2013. Dengan menggunakan empat variasi yang menjadi variabel terikat berupa tingkat suku bunga deposito 1 bulan/TD, tingkat suku bunga deposito 3 bulan/TD3, tingkat suku bunga deposito rata-rata 1 dan 3 bulan/MRATE, dan Interbank Call Money, serta dengan variabel bebas berupa : (i) variabel risiko bank yang terdiri dari : NPL, LDR, BOPO, ROA, dan CAR; (ii) variabel kontrol yang terdiri dari Growth GDP dan Inflasi; dan (iii) variabel dummy, diperoleh hasil penelitian Kebijakan program penjaminan simpanan LPS yang di-proxy oleh dummy, efektif menekan tingkat bunga pada lag 4 periode. Dengan kata lain, kebijakan LPS pada saat ini membutuhkan masa tenggang waktu yang relatif lama yaitu 4 triwulan untuk dapat berpengaruh pada kedisplinan pasar.

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This research explain about The Impact Analysis of Deposit Insurance Program by The Indonesia Deposit Insurance Corporation to Market Dicipline using the time series data from 120 banks from January 2003 to December 2013. I use Ordinary Least Squares/OLS method with four variations of dependent variables (time deposit rate 1 month, 3 months, average rate in 1 month and 3 months, and interbank call money), as well as the independent variable such as: (i) the bank's risk variables consisting of: NPL, LDR, ROA, ROA, and the CAR Ratios; (ii) the control variables consisting of GDP Growth and Inflation; and (iii) a dummy variable, the result of this research is deposit insurance program by IDIC with proxy by dummy, effectively reduces the interest rate on the lag 4 period. In other words, the policy of IDIC during the grace period requires a relatively long time, that is 4 quarters, to be able to influence the market discipline."

"Manajer investasi memiliki perbedaan dalam mengelola portofolio reksadana mereka, perbedaan inilah yang kemudian mempengaruhi kinerja reksadana saham. Berdasarkan penelitian yang dilakukan oleh Petajisto (2013), manajer investasi yang memiliki tingkat keaktifan yang tinggi memiliki potensi memberikan tingkat pengembalian reksadana saham yang lebih tinggi dibandingkan tingkat pengembalian indeks acuannya. Sedangkan manajer investasi dengan tingkat keaktifan rata - rata cenderung memberikan kinerja reksadana lebih buruk dibandingkan kinerja indeks acuan. Tesis ini mengukur tingkat keaktifan manajer investasi dalam mengelola portofolio reksadana saham yang beredar di Indonesia dan dampaknya terhadap kinerja reksadana. Metode pengukuran menggunakan metode active share dan tracking error yang diusulkan oleh Cremers & Petajisto (2009). Dimana dengan metode ini, tingkat keaktifan manajer investasi diukur berdasarkan stock selection dan market timing. Kemudian hasil pengukuran tersebut dibandingkan dengan kinerja reksadana saham. Dengan demikian, dapat dianalisis dampak tingkat keaktifan manajer investasi terhadap kinerja reksadana yang dikelolanya.

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Investment manager have different style in manage their mutual fund portfolio. This difference then give impact on the mutual fund performance. Based on Petajisto (2013) research finding, investment manager with high mutual fund active management tend to deliver high return, while average mutual fund active management tend to deliver low return even below it`s benchmark index. This thesis try to measure investment manager activity in managing their mutual fund portflio in Indonesia, using active share and tracking error propose by Cremers & Petajisto (2009). Where with this metode, active management measure based on stock selection and market timing. The result then compare with Indonesian mutual fund performance to analyse the impact of investment manager activity in managing the mutual fund portfolio."

"Contents:Early forms of liability;The criminal law;Trepass and negligencm;Praud, malice, and intent;The bailee at common law; Possession and ownership;Contract - history ..."